Edwyn
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $9,239 | $11,842 | $11,612 | $10,455 | $9,505 |
| Gross Profit | $4,868 | $6,455 | $6,097 | $5,437 | $5,084 |
| Operating Income | $608 | $1,632 | $328 | -$34 | $304 |
| Net Income | $408 | $1,387 | $119 | -$969 | -$190 |
Over the five-year period, V.F. Corporation’s revenue grew robustly from USD 9.24 billion in 2021 to a peak of USD 11.84 billion in 2022, marking an increase of approximately 28%. This strong revenue growth was mirrored by gross profit, which rose from USD 4.87 billion in 2021 to USD 6.46 billion in 2022. However, the upward momentum did not persist; revenue and gross profit declined in subsequent years, with revenue dropping to USD 9.50 billion by 2025, and gross profit falling to USD 5.08 billion. The significant year-over-year swings—especially the over 20% increase from 2021 to 2022 and the subsequent declines—suggest a period of operational volatility that could be attributed to changing market conditions or shifts in consumer demand within the apparel industry. Operating income and net income trends further underscore the challenges faced during this period. Operating income surged from approximately USD 607 million in 2021 to over USD 1.63 billion in 2022 but then fell steeply to USD 327 million in 2023 and slipped into a negative territory (-USD 34 million) in 2024 before partially recovering to USD 304 million in 2025. Similarly, net income peaked at around USD 1.39 billion in 2022 but dropped sharply to USD 118 million in 2023, turning significantly negative in 2024 (-USD 969 million) and remaining negative in 2025 (-USD 190 million). These swings indicate that while the company experienced strong top-line growth initially, profitability was heavily impacted by factors likely related to cost pressures or operational issues. Overall, the financial health appears mixed, as solid revenue generation in earlier years was not consistently translated into bottom-line performance, raising questions about the sustainability of earnings under fluctuating market conditions.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.